Bank of America Corporation (BAC) vs Sumitomo Mitsui Financial Group Inc (SMFG)

Bank of America Corporation and Sumitomo Mitsui Financial Group Inc are both Banks Diversified companies. Bank of America Corporation is the larger, with a market value of $392.9B against $164.3B — 2.4× the size. Sumitomo Mitsui Financial Group Inc trades at the lower P/E: 10.0× against 12.9×. Sumitomo Mitsui Financial Group Inc grew revenue faster over the last twelve months: 51.8% against −1.02%. Sumitomo Mitsui Financial Group Inc has the higher net margin (17.6% vs 16.6%) and the higher return on invested capital (0.00% vs 0.00%). Both pay a dividend; Sumitomo Mitsui Financial Group Inc yields more (3.63% vs 3.01%). Across the 18 metrics below, Bank of America Corporation leads on 10 and Sumitomo Mitsui Financial Group Inc on 8.

Valuation

Metric BAC SMFG Banks Diversified median
P/E 12.86 10.01 13.67
P/S 2.10 2.98 2.72
P/B 1.47 1.65 1.69
Price to free cash flow 4.32 n/m 4.53
EV/EBITDA n/m n/m —
EV/Sales (1.37) (6.74) —
Earnings yield 7.78% 9.99% 7.33%
Free cash flow yield 23.13% (50.17%) 7.63%

Profitability

Metric BAC SMFG Banks Diversified median
Gross margin 61.68% 60.39% 67.18%
Operating margin 0.00% 0.00% 0.00%
Net margin 16.62% 17.63% 18.44%
Free cash flow margin 49.01% 0.00% 1.96%
Return on equity 11.64% 9.85% 11.14%
Return on assets 0.93% 0.49% 0.74%
Return on invested capital 0.00% 0.00% 0.00%

Growth

Metric BAC SMFG Banks Diversified median
Revenue growth (TTM) (1.02%) 51.80% 4.67%
EPS growth (last fiscal year) 18.69% 135.25% —
Revenue growth, 5-year CAGR 15.36% 12.86% 14.34%
Net income growth, 5-year CAGR 12.02% 3.04% 10.77%

Health

Metric BAC SMFG Banks Diversified median
Debt to equity 1.13 1.65 1.39
Current ratio 0.83 1.05 0.87
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric BAC SMFG Banks Diversified median
Dividend yield 3.01% 3.63% 3.80%
Payout ratio 0.25 0.40 0.31

Size

Metric BAC SMFG Banks Diversified median
Market cap 392.85b 164.33b 186.46b

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